It is moving in an expanding wedge.
Strategy for day trade:Retrace $1315-1317 go short, for target: $1292-1286. WW target $1265.
Entry:$1215-1218
SL:$1227
Tp1:$1292.5
Tp2:$1286.5
Strategy for day trade:Retrace $1315-1317 go short, for target: $1292-1286. WW target $1265.
Entry:$1215-1218
SL:$1227
Tp1:$1292.5
Tp2:$1286.5
Trade active
Trade closed manually
Wait for a bounceNote
4H chart update:Likely retrace $1311-1315
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.